Zimbabwe’s reform deadlock threatens debt resolution prospects

LIVINGSTONE MARUFU AND CLOUDINE MATOLA Zimbabwe’s failure to implement comprehensive governance reforms has derailed progress in the arrears clearance and debt resolution, threatening its reengagement with international financial markets. With a staggering US$21bn in debt- a US$13bn external and US$8bn domestic- the government’s reform inertia risks prolonging its financial isolation. Despite strides in economic stability…